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REAL ESTATE SNAPSHOT | Q4 2018

ROCKLAND COUNTY

Q4 2018

Q4 2017

% Change

YTD 2018

YTD 2017

% Change

New Listings

732

693

5.63%

4079

4033

1.14%

Sold Listings

656

743

-11.71%

2559

2816

-9.13%

Median Listing Price

$415,000

$399,999

3.75%

$424,900

$409,000

3.89%

Median Selling Price

$410,000

$400,000

2.5%

$415,000

$400,000

3.75%

Median Days on Market

54

53

1.89%

47

56

-16.07%

Average Listing Price

$437,776

$434,154

0.83%

$446,195

$431,917

3.31%

Average Selling Price

$424,790

$419,680

1.22%

$433,512

$418,086

3.69%

Average Days on Market

71

81

-12.35%

74

86

-13.95%

List/Sell Price Ratio

97.2%

97.5%

-0.3%

97.5%

97.2%

0.34%

Market Area

New Listings

%

Properties Sold

%

Median Sold Price

%

Median DOM

%

Q42018

Q42017

Change

Q42018

Q42017

Change

Q42018

Q42017

Change

Q42018

Q42017

Change

Clarkstown

178

196

-9.18%

195

246

-21%

$428 K

$426 K

0.35%

50

43

16%

Single Family Homes

137

157

-13%

152

196

-22%

$465 K

$465 K

0.00%

51

40

28%

Condo-Townhome

41

39

5.13%

43

50

-14%

$283 K

$262 K

8.07%

45

46

-2.17%

Cooperatives

0

0

0

0

$0

$0

0

0

Haverstraw Town

98

110

-11%

98

113

-13%

$253 K

$250 K

1.00%

49

51

-3.92%

Single Family Homes

55

75

-27%

52

72

-28%

$340 K

$310 K

9.68%

48

37

30%

Condo-Townhome

40

34

18%

45

41

9.76%

$175 K

$160 K

9.38%

54

106

-49%

Cooperatives

3

1

200%

1

0

$80 K

$0

58

0

Orangetown

102

103

-0.97%

106

116

-8.62%

$477 K

$434 K

9.92%

53

52

1.92%

Single Family Homes

82

77

6.49%

83

92

-9.78%

$500 K

$469 K

6.67%

55

50

10%

Condo-Townhome

18

24

-25%

20

19

5.26%

$208 K

$278 K

-25%

41

73

-44%

Cooperatives

2

2

0.00%

3

5

-40%

$325 K

$280 K

16%

75

60

25%

Ramapo

306

245

25%

208

218

-4.59%

$415 K

$401 K

3.41%

58

60

-3.33%

Single Family Homes

244

188

30%

156

161

-3.11%

$469 K

$469 K

0.09%

56

62

-9.68%

Condo-Townhome

37

34

8.82%

33

36

-8.33%

$245 K

$218 K

13%

47

49

-4.08%

Cooperatives

25

23

8.70%

19

21

-9.52%

$90 K

$68 K

32%

85

67

27%

Stony Point

43

36

19%

45

47

-4.26%

$360 K

$379 K

-5.01%

50

65

-23%

Single Family Homes

43

34

26%

45

46

-2.17%

$360 K

$382 K

-5.76%

50

66

-24%

Condo-Townhome

0

2

0

1

$0

$289 K

0

20

Cooperatives

0

0

0

0

$0

$0

0

0

Tomkins Cove

5

3

67%

4

3

33%

$519 K

$570 K

-8.86%

77

67

15%

Single Family Homes

5

3

67%

4

3

33%

$519 K

$570 K

-8.86%

77

67

15%

Condo-Townhome

0

0

0

0

$0

$0

0

0

Cooperatives

0

0

0

0

$0

$0

0

0

Total

732

693

5.63%

656

743

-12%

$410 K

$400 K

2.50%

54

53

1.89%

Single Family Homes

566

534

5.99%

492

570

-14%

$453 K

$443 K

2.40%

54

51

5.88%

Condo-Townhome

136

133

2.26%

141

147

-4.08%

$230 K

$220 K

4.55%

46

57

-19%

Cooperatives

30

26

15%

23

26

-12%

$94 K

$79 K

18%

76

66

15%

ROCKLAND COUNTY

MARKET OVERVIEW

Q4 2018 | Single Family Homes

Q4 2018

Q4 2017

% Change

YTD 2018

YTD 2017

% Change

New Listings

566

534

5.99%

3165

3150

0.48%

Sold Listings

492

570

-13.68%

1918

2167

-11.49%

Median Listing Price

$459,900

$454,950

1.09%

$469,000

$449,900

4.25%

Median Selling Price

$453,392

$442,750

2.4%

$460,000

$440,000

4.55%

Median Days on Market

54

51

5.88%

47

53

-11.32%

Average Listing Price

$496,736

$496,103

0.13%

$511,512

$488,987

4.61%

Average Selling Price

$482,391

$479,424

0.62%

$496,957

$473,463

4.96%

Average Days on Market

72

79

-8.86%

74

83

-10.84%

List/Sell Price Ratio

97.5%

97.7%

-0.27%

97.7%

97.4%

0.23%

TEN-YEAR MARKET HISTORY

Q4 2018 | Single Family Homes

Average Sale Price vs. Number of Sold Properties each Year

ROCKLAND COUNTY

AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET

Q4 2018 | Single Family Homes

Average Sales Price | Average sales price for all properties sold.Average Days on Market | Average days on market for all properties sold.

SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM

Q4 2018 | Single Family Homes

Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.Average Days on Market | Average days on market for all properties sold.

ROCKLAND COUNTY

PROPERTIES FOR SALE AND SOLD PROPERTIES

Q4 2018 | Single Family Homes

Properties for Sale | Number of properties listed for sale at the end of quarter.Sold Properties | Number of properties sold.

MONTHS SUPPLY OF INVENTORY

Q4 2018 | Single Family Homes

Months Supply of Inventory | Properties for sale divided by number of properties sold.Units Listed | Number of properties listed for sale at the end of month. Units Sold | Number of properties sold.

ROCKLAND COUNTY

MEDIAN SALE PRICE AND UNITS SOLD

Q4 2018 | Single Family Homes

Median Sale Price vs. Number of Sold Properties each Year

PROPERTIES SOLD BY PRICE RANGE (IN THOUSANDS)

Q4 2018 | Single Family Homes

Number of properties sold in the previous two years

ROCKLAND COUNTY

MARKET OVERVIEW

Q4 2018 | Condo-Townhome

Q4 2018

Q4 2017

% Change

YTD 2018

YTD 2017

% Change

New Listings

136

133

2.26%

776

739

5.01%

Sold Listings

141

147

-4.08%

571

557

2.51%

Median Listing Price

$238,000

$227,500

4.62%

$235,000

$235,000

0%

Median Selling Price

$230,000

$220,000

4.55%

$225,000

$225,000

0%

Median Days on Market

46

57

-19.3%

44

63

-30.16%

Average Listing Price

$283,957

$250,919

13.17%

$268,770

$264,345

1.67%

Average Selling Price

$274,531

$243,193

12.89%

$261,317

$255,800

2.16%

Average Days on Market

65

85

-23.53%

73

91

-19.78%

List/Sell Price Ratio

96.8%

97%

-0.12%

97.3%

96.8%

0.54%

TEN-YEAR MARKET HISTORY

Q4 2018 | Condo-Townhome

Average Sale Price vs. Number of Sold Properties each Year

ROCKLAND COUNTY

AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET

Q4 2018 | Condo-Townhome

Average Sales Price | Average sales price for all properties sold.Average Days on Market | Average days on market for all properties sold.

SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM

Q4 2018 | Condo-Townhome

Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.Average Days on Market | Average days on market for all properties sold.

ROCKLAND COUNTY

PROPERTIES FOR SALE AND SOLD PROPERTIES

Q4 2018 | Condo-Townhome

Properties for Sale | Number of properties listed for sale at the end of quarter.Sold Properties | Number of properties sold.

MONTHS SUPPLY OF INVENTORY

Q4 2018 | Condo-Townhome

Months Supply of Inventory | Properties for sale divided by number of properties sold.Units Listed | Number of properties listed for sale at the end of month. Units Sold | Number of properties sold.

ROCKLAND COUNTY

MEDIAN SALE PRICE AND UNITS SOLD

Q4 2018 | Condo-Townhome

Median Sale Price vs. Number of Sold Properties each Year

PROPERTIES SOLD BY PRICE RANGE (IN THOUSANDS)

Q4 2018 | Condo-Townhome

Number of properties sold in the previous two years

ROCKLAND COUNTY

MARKET OVERVIEW

Q4 2018 | Cooperatives

Q4 2018

Q4 2017

% Change

YTD 2018

YTD 2017

% Change

New Listings

30

26

15.38%

138

144

-4.17%

Sold Listings

23

26

-11.54%

70

92

-23.91%

Median Listing Price

$104,900

$79,950

31.21%

$78,500

$76,450

2.68%

Median Selling Price

$94,000

$79,375

18.43%

$74,000

$70,000

5.71%

Median Days on Market

76

66

15.15%

75

75

0%

Average Listing Price

$119,520

$112,015

6.7%

$103,798

$102,199

1.56%

Average Selling Price

$113,782

$107,751

5.6%

$99,730

$96,276

3.59%

Average Days on Market

94

112

-16.07%

100

126

-20.63%

List/Sell Price Ratio

94.3%

95.9%

-1.69%

95.7%

94%

1.82%

TEN-YEAR MARKET HISTORY

Q4 2018 | Cooperatives

Average Sale Price vs. Number of Sold Properties each Year

ROCKLAND COUNTY

AVERAGE SALES PRICE AND AVERAGE DAYS ON MARKET

Q4 2018 | Cooperatives

Average Sales Price | Average sales price for all properties sold.Average Days on Market | Average days on market for all properties sold.

SALES PRICE AS A PERCENTAGE OF ORIGINAL PRICE & AVERAGE DOM

Q4 2018 | Cooperatives

Sale Price as a Percentage of Original Price | Average sale price of property as percentage of final list price.Average Days on Market | Average days on market for all properties sold.

ROCKLAND COUNTY

PROPERTIES FOR SALE AND SOLD PROPERTIES

Q4 2018 | Cooperatives

Properties for Sale | Number of properties listed for sale at the end of quarter.Sold Properties | Number of properties sold.

MONTHS SUPPLY OF INVENTORY

Q4 2018 | Cooperatives

Months Supply of Inventory | Properties for sale divided by number of properties sold.Units Listed | Number of properties listed for sale at the end of month. Units Sold | Number of properties sold.

ROCKLAND COUNTY

MEDIAN SALE PRICE AND UNITS SOLD

Q4 2018 | Cooperatives

Median Sale Price vs. Number of Sold Properties each Year

PROPERTIES SOLD BY PRICE RANGE (IN THOUSANDS)

Q4 2018 | Cooperatives

Number of properties sold in the previous two years

The statistics presented in the Quarterly Market Report are compiled based on figures and data generated by IDC Global and Datafloat for the benefit of BHHS Westchester Properties. Due to possible reporting inconsistencies, Days on Market (DOM), average prices and rates of appreciation should be used to analyze trends only. All information should be independently reviewed and verified for accuracy. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Data maintained by the MLSs may not reflect all real estate activity in the market. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.